Dastur Energy Pvt Ltd, a leading player in the clean energy sector, is taking significant strides towards implementing cutting-edge carbon capture technology in India. Carbon Capture, Utilization and Storage, commonly known as CCUS technology can capture and make effective use of the high concentrations of CO₂ emitted by industrial activities. This collected carbon can then be used in a range of industrial applications or injected for storage into deep geological formations such as depleted oil and gas reservoirs or saline aquifers.
CCUS technology can also facilitate hydrogen production which can be used as fuel, a reductant, production of ammonia, or combined with the captured CO₂ for creation of high-value products like methanol.
Mr. Atanu Mukherjee, the President & CEO of Dastur Energy, highlighted the crucial considerations for India’s transition towards net-zero carbon emissions by 2070. He said, “India’s rapid economic growth necessitates a strategic shift towards renewable energy sources. However, the transition from fossil fuels to renewables will take time, especially in industries like Steel, Cement, Oil and Gas, and Petrochemicals. These industries, known as ‘hard to abate’ sectors, are major contributors to carbon emissions. Implementing carbon capture, utilization, and sequestration (CCUS) technologies in these sectors is vital to align with India’s decarbonization goals.”
Mr. Mukherjee further adds, “Collaboration among corporations, investors, technology firms, and research institutions is crucial for the successful development and deployment of carbon capture technologies in India.”
About Dastur Energy Pvt Ltd.:
Dastur Energy is a specialized consulting firm that offers deep expertise across the industrial decarbonization value chain including -renewable energy, clean fuels like hydrogen, production process changes, and CCUS (carbon capture, utilization & sequestration). The firm assists clients in the ‘hard to abate’ sectors – power, steel, cement, and oil & gas with comprehensive decarbonization plans, strategic analysis, pre-FEEDs, FEEDs and project oversight.
With an experienced team of technoeconomic, regulatory, and project risk experts, Dastur Energy puts together the most cost-effective technology driven decarbonization pathways while ensuring maximum business impact. In addition to considering the best technology fit for CCUS, Dastur Energy’s approach also considers – age of assets, capital budget availability, cost and availability of renewable power, current and future supply chain & raw material considerations, CO2 disposal options, and demand for clean/low carbon “products”.
Dastur Energy is an affiliate of the Dastur group of companies, which was founded in 1955 and has a track record of successfully delivering large-scale industrial processes worldwide in the – Steel, Cement, Power, Oil and Gas and Petrochemicals industry sectors. The company has offices across North America, Europe, the Middle East, South Asia, and Japan, and serves clients across the globe. For more information please visit https://www.dasturenergy.com/
